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Cambricon Technologies

Steady3 stories2 sourcesLast updated: 4/29/2026

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Revenue jumps for China’s Cambricon, MetaX amid thirst for domestic AI chips
NEWS
4/29/2026

Revenue jumps for China’s Cambricon, MetaX amid thirst for domestic AI chips

Chinese chip designers Cambricon Technologies and MetaX Integrated Circuits reported substantial growth in the first quarter, as the artificial intelligence boom, lingering US export-control risks and China’s self-sufficiency push drove the country’s demand for home-grown computing power. Cambricon’s first-quarter revenue jumped 160 per cent from a year earlier to 2.89 billion yuan (US$423 million), while profit soared 185 per cent to 1 billion yuan, the company said in a filing on...

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SCMP Economy
Thirst for local AI chips raises revenue for China GPU leaders Cambricon, MetaX
NEWS
4/29/2026

Thirst for local AI chips raises revenue for China GPU leaders Cambricon, MetaX

Chinese chip designers Cambricon Technologies and MetaX Integrated Circuits reported substantial growth in the first quarter, as the artificial intelligence boom, lingering US export-control risks and China’s self-sufficiency push drove the country’s demand for home-grown computing power. Cambricon’s first-quarter revenue jumped 160 per cent from a year earlier to 2.89 billion yuan (US$423 million), while profit soared 185 per cent to 1 billion yuan, the company said in a filing on...

S
SCMP Economy